econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



posted on 29 July 2015

Chinese Presidency: An Earned Kingship for 10 Years

Written by

I believe I have the most accurate diagnosis for America (Diagnosis for America (Version 3)) as well as the best solution (Solution for America (Version 3)).

The most important part of my solution is to redefine the American Presidency, using the Chinese Presidency as a reference. Why do we need a reference? Because everything is relative! Why China? Because China is now our chief competitor, both economically and politically! Most importantly, the selection process for the Chinese President is far better than ours, yielding far better results for the country!

What, then, is the Chinese Presidency? Simply put, it is an earned kingship for 10 years!

1. Introduction

The current version of the Chinese constitution (Constitution of the People's Republic of China) was adopted in 1982. It was developed with reference to the U.S. Constitution, of course.

The minimum age for the Chinese Presidency is 45. Another major requirement: the Chinese President is also the General Secretary of the ruling CPC (Communist Party of China) and a member of its Politburo Standing Committee, whose age limit is 68 (for entry). As a result, as well as for some other reasons, a Chinese President typically takes office at the age of about 60, limited to two five-year terms. For example, both President Xi Jinping (two terms: 2013-2023) and his predecessor Hu Jintao (two terms: 2003-2013) took office at age 60.

With such an age range (i.e. 45-68 to start) clearly defined, plus a bottom-up tiered system for career advancement (e.g. being a state governor and VP), a Chinese President will assuredly possess an optimal combination of experiences (i.e. not too young) and judgment (i.e. not too old). Yes, both Xi and Hu served as state governors as well as the Vice President, with a substantial amount of experiences, both domestic and international, under their belt before taking the top job in China.

In short, the Chinese Presidency is an earned kingship virtually assured for 10 years, with a term break in the middle as a just-in-case insurance.

2. Earned kingship

The Chinese President is like a king because of his absolute power while in office. But he is no king because his tenure is limited to 10 years at most and, more importantly, his job is not to be inherited by any of his children. Finally, it is earned, because he has to work his way to the top, replete with significant achievements along the way (America: What is China's Political System, Anyway?)! As a result, while there is only room for one and the very best may not end up there, the President is always among the best, truly!

3. Autocracy

Theoretically, China's political system is an "autocracy" (Wikipedia - autocracy), sitting between monarchy (i.e. total control) and democracy (i.e. chaos and self-destruction), with balance.

It has certainly been the best system for China, ever! It also appears to be the best system for most of the world. For example, most [pseudo] democracies in East Asia are stained with monarchical relationships, such as Taiwan (father-son), South Korea (father-daughter), Singapore (father-son), the Philippines (mother-son), and Japan (multiple father-son examples). All of them, under the guise of democracy, are actually more monarchical than China!

What about America? America is also more monarchical than China, especially if we end up with Clinton 2.0 vs. Bush 3.0 in 2016! For more, read: America: Are We Still A Republic?

4. Presidency: China vs. America

The current version of the Chinese Presidency has been in existence since 1982. After a few years of transition and turbulence (e.g. Tiananmen Square), it seems to have finally stabilized.

Compared with the American Presidency, the Chinese Presidency is much newer. Therefore, its long-term viability remains to be seen. However, I believe newer is better in this case for one main reason: the world has substantially changed since the American Presidency was largely defined more than 200 years ago! Any doubt? Look at this comparison:

Bottom line: The two recent Chinese Presidents have far outperformed the two recent American Presidents in all respects!

While two instances do not make a pattern for either system, you can enhance your vision with an in-depth understanding of the respective systems behind them! As a starter, read: Towards an Ideal Form of Government.

The Chinese Presidency, in my humble opinion, has been far better for China than the American Presidency has been for America, which is a key reason behind China's astronomical rise and America's steep decline over the past 15 years, at least, with no end in sight!

In case you did not know: No popularity contest winners or handout liars are allowed for the Chinese Presidency!

5. Closing

Monarchy is hopelessly obsolete! Democracy is a proven failure throughout human history (Democracy Prevailed over Communism, Really?)! Perhaps an earned kingship for 10 years is just right, for the 21st century and beyond ...

Page Code: 39Count: 1635

Click here for Historical News Post Listing










Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.



You can also comment using Facebook directly using he comment block below.





Econintersect Contributors


search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Democratic Development Lowers the Cost of Credit
Is Growing Household Debt An Economic Counter-Dynamic?
News Blog
INAUGURATION DAY: A Bad Lip Reading Of Donald Trump's Inauguration
Did The Dodd-Frank Act Make The Financial System Safer?
A Close Look At The Decline Of Homeownership - Part Five Of Five
Do Institutional Investors Chase Returns?
Infographic Of The Day: How To Survive A Deadly Snake Bite
Early Headlines: Global Mfg 1970-2010, No Refugee Spike, GOP Health Proposal Leak, GOP Town Halls, Trump's Debt Decrease, Macron Gains, China's $9 Trn Moral Hazard, Americans Oppose Wall And More
Premium Seats At Premium Events Equal Premium Prices
Earnings And Economic Reports: Week Starting 27 February 2017
Time Crystals: How Scientists Created A New State Of Matter
Cost Of War Against ISIS Reaches 11 Billion Dollars
What We Read Today 25 February 2017
Candid Camera Classic: Dirty Clean Words
How Reliable Are GDP Consensus Forecasts?
Investing Blog
Snapchat Is In The Money Burning Business
Technical Thoughts: How To Buy The Dips
Opinion Blog
Why Winning The French Presidential Election Could Be A Poisoned Chalice
Unintended Consequences Of Corporate Tax Incentives
Precious Metals Blog
Deflation And Gold: A Contrarian View
Live Markets
24Feb2017 Market Close: Wall Street Rose From Session Lows To Close In The Green Near The Unchanged Line, Short-Term Indicators And Analysts Questioning Continuing Bull Run
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government





























 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved